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2 years ago

Other things being equal, a supply of workers tends to put pressure on real wages.

Business

1 answer:

Sav [38]2 years ago

8 0

The answer is, larger; downward.

Other things being equal, a larger supply of workers tends to put downward pressure on real wages.

<h3>How do wage increases affect the demand for and supply of labor?</h3>

The quantity of work required will alter in response to changes in pay or salary.
Employers will want to hire fewer workers if the pay rate rises.
There will be a reduction in the amount of labor requested and an upward shift in the demand curve.

<h3>What causes wage increase?</h3>

There are several reasons why employers may decide to raise salaries.
An increase in the minimum wage is the most frequent justification for wage increases.
The minimum wage can be raised by both the federal and state governments.
Companies that manufacture consumer items are also renowned for giving their employees small pay raises.

<h3>How does wage increase affect supply?</h3>

The aggregate supply curve shifts inward when the money wage rate increases, which results in a decrease in supply at all price levels.
The aggregate supply curve shifts outward as the money wage rate declines, increasing the quantity supplied at any price level.

Learn more about real wages here:

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Answer:

Mike's Motors Corp.

Cash Budget for July, August, and September:

July August September Total

Beginning balance $32,000 $30,000 $30,000 $32,000

Cash receipts 83,000 109,000 148,000 340,000

Bank borrowings 26,000 0 0 26,000

Total receipts 141,000 139,000 178,000 $398,000

Cash Payments 111,000 97,900 125,400 334,300.00

Interest 520 308.40 828.40

Loan repayment 10,580 15,420 26,000.00

Total payments 111,000 109,000 141,128.40 361,128.40

Minimum cash balance 30,000 30,000 36,871.60 36,871.60

Explanation:

a) Data and Calculations:

Cash Receipts Cash Payments

July $ 83,000 $ 111,000

August 109,000 97,900

September 148,000 125,400

Minimum cash balance = $30,000

Interest on borrowings = 2% per month

July ending:

Borrowing to maintain minimum cash balance = $26,000

Interest for August = $520 ($26,000 * 2%)

August ending:

Loan balance = $15,420 ($26,000 - $10,580)

Interest for September = $308.40 ($15,420 * 2%)

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3 years ago

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Answer:

D) Outcome-based ethics

Explanation:

Outcome-based ethics proposes that people should act in ways that help them achieve desired outcomes, whether those ways are morally acceptable or not.

In the question, Steaks n' Fries management is worried about the outcome (revenues), instead of other type of things to consider such as consumer protection or social responsability. They are acting under a system of outcome-based ethics.

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3 years ago

The predicted 2017 costs for Gamma Motors are as follows: Manufacturing Costs Selling and Administrative Costs Variable $250,000

maks197457 [2]

Answer: 200%

Explanation:

First find the return required.

= 10% of total assets

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= $500,000

The total manufacturing costs are:

= 250,000 + 450,000

= $700,000

We need to know the amount to increase the manufacturing costs by so that it covers both the desired return and the admin costs:

= (Desired return + Admin costs) / Manufacturing costs * 100%

= (500,000 + 600,000 + 300,000) / 700,000 * 100%

= 200%

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3 years ago

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ValentinkaMS [17]

Answer:

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3 years ago

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Allisa [31]

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3 years ago

Read 2 more answers

Other things being equal, a ________ supply of workers tends to put ________ pressure on real wages.

Other things being equal, a supply of workers tends to put pressure on real wages.